Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Sees Significant Decline in Short Interest

Banco Comercial Português, S.A. (OTCMKTS:BPCGF) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 19,422,823 shares, a decrease of 43.8% from the April 30th total of 34,586,970 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Banco Comercial Português Price Performance

Banco Comercial Português stock opened at $1.02 on Wednesday. Banco Comercial Português has a twelve month low of $1.00 and a twelve month high of $1.12. The company’s 50-day moving average price is $0.99 and its two-hundred day moving average price is $0.96.

Banco Comercial Português Company Profile

Banco Comercial Português, SA operates as the largest private sector bank in Portugal, conducting a broad range of banking activities under the brand Millennium bcp. The bank serves individual customers, small and medium-sized enterprises and large corporate clients through a network of branches, online channels and partner points of sale. Its core services include deposit accounts, consumer and mortgage lending, payment cards and electronic banking.

Founded in 1985 during the privatization of state-owned banking assets, Banco Comercial Português has expanded beyond its domestic market.